You forgot this............
A cash injection, that accompanied the arrival of John Deacon as chairman in 1972, failed to improve Portsmouth's league position. With Deacon unable to continue bankrolling the club on the same scale, Portsmouth were relegated to the Third Division in 1976.
In November 1976, the club found itself needing to raise £25,000 to pay off debts and so avoid bankruptcy. With players having to be sold to ease the club's financial situation, and no money available for replacements, Portsmouth were forced to rely on an untried manager, Ian St John and inexperienced young players. Consequently, they were relegated to the Fourth Division in 1978.
and this............
Portsmouth's centenary season, 1998–99, saw a serious financial crisis hit the club, and in December 1998 Portsmouth went into financial administration.
and this............
24 February 2010, "Balram Chainrai, the owner of Portsmouth Football Club, has today served notice that the club will go into administration unless new owners can be found by Friday."
How proud you must be of your 'history'